Brazil’s Bitcoin Ecosystem Gains Momentum, Surpasses Gold Trading

Brazil’s Bitcoin Ecosystem Gains Momentum, Surpasses Gold Trading

The bitcoin trade in Brazil has surpassed that of gold by over 7 percent. Which is a better investment and trading option, gold or bitcoin? The Brazilians like many other countries seem to prefer the latter. The digital currency trading volumes in Brazil has exceeded that of gold in the past six months. According to reports, the total trade volumes of bitcoin on Brazilian cryptocurrency exchanges has surpassed the gold spot trading activity on Brazilian Securities, Commodities and Futures Exchange by about 7 percent. The trade volumes were calculated from the beginning of this year till....


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